Long-term Rental Rates — August 2026 · ZIPs: 37201
Local market data by Estaite
As of August 2026, rental prices in Nashville, TN range from $1,897 to $3,482 per month depending on property type and bedroom count.
The largest year-over-year increase was for 4BR condo/townhome units in Nashville, TN, which rose 8.57%.
For 2BR units, condo/townhome rents are $2,206 while apartments are $2,015.
What is the rent range for Nashville, TN as of August 2026?
Rental prices in Nashville, TN range from $1,897 per month for 1BR single-family homes to $3,482 per month for 4BR condo/townhome units in August 2026.
Are rents in Nashville, TN rising or falling across different property types and bedroom counts in August 2026?
Rents in Nashville, TN are rising across all segments, with year-over-year changes ranging from 0.39% to 8.57% depending on property type and bedroom count as of August 2026.
What is the premium gap between apartments and condos for the same bedroom count in Nashville, TN?
For 1BR units, condo/townhomes rent for $2,001 compared to $1,995 for apartments (a $6 premium), and for 2BR units, condo/townhomes rent for $2,206 while apartments rent for $2,015 (a $191 premium).
Which segment had the strongest annual growth in Nashville, TN, and is the increase broad or concentrated?
The 4BR condo/townhome segment saw the strongest annual growth with an 8.57% year-over-year increase in August 2026; other condo/townhome bedrooms had smaller gains between 0.39% and 2.31%, showing the growth is concentrated in 4BR units.
Nashville, TN
August 2026
37201
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,931 – $2,059
5.03%
4.52%
2-Bedroom
$1,965 – $2,065
2.13%
0.45%
3-Bedroom
$2,299 – $2,465
0.89%
7.10%
4-Bedroom
$3,157 – $3,336
0.94%
3.77%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,951 – $2,051
5.75%
0.39%
2-Bedroom
$2,151 – $2,261
0.32%
2.18%
3-Bedroom
$2,533 – $2,627
0.62%
2.31%
4-Bedroom
$3,460 – $3,524
0.93%
8.57%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,836 – $1,955
0.58%
4.12%
2-Bedroom
$2,070 – $2,176
0.47%
2.02%
3-Bedroom
$2,702 – $2,870
0.51%
1.16%
4-Bedroom
$3,277 – $3,479
0.39%
0.72%
Data updated: September 20, 2026
Nashville Rental Trends
In the Nashville (37201) rental market, 1-bedroom condos and townhomes posted a substantial month-over-month rise, reaching a median rent of $2,001 with an increase of 5.75%. This monthly gain is higher than the 5.03% rise for 1-bedroom apartments, which hit $1,995.
Among 3-bedroom units in Nashville (37201), apartments attained a median rent of $2,382, outpacing 3-bedroom condos and townhomes at $2,153 by $229. This premium suggests apartment renters in this segment are paying more compared to condo/townhome counterparts.
Annual performance in 4-bedroom single-family homes has been muted, as Nashville (37201) rental trends indicate a 0.72% year-over-year increase to a median rent of $3,378. This growth is significantly lower than gains seen in multi-family segments over the same period.
12-Month Median Rent Trend
Apartment
Month
1 BR
2 BR
3 BR
4 BR
August 2026
$1,995
$2,015
$2,382
$3,217
July 2026
$1,900
$1,973
$2,361
$3,187
June 2026
$1,913
$1,974
$2,332
$3,151
May 2026
$1,903
$1,975
$2,299
$3,117
April 2026
$1,868
$1,959
$2,270
$3,100
March 2026
$1,865
$1,944
$2,259
$3,106
February 2026
$1,843
$1,951
$2,252
$3,140
January 2026
$1,786
$1,994
$2,246
$3,179
December 2025
$1,831
$2,034
$2,262
$3,193
November 2025
$1,807
$2,044
$2,265
$3,190
October 2025
$1,803
$2,030
$2,256
$3,173
September 2025
$1,820
$2,024
$2,240
$3,148
Condo / Townhome
Month
1 BR
2 BR
3 BR
4 BR
August 2026
$2,001
$2,206
$2,611
$3,482
July 2026
$1,892
$2,199
$2,595
$3,450
June 2026
$1,931
$2,177
$2,575
$3,385
May 2026
$1,922
$2,147
$2,539
$3,336
April 2026
$1,918
$2,127
$2,519
$3,300
March 2026
$1,893
$2,123
$2,518
$3,278
February 2026
$1,895
$2,120
$2,543
$3,291
January 2026
$1,831
$2,192
$2,570
$3,290
December 2025
$1,892
$2,193
$2,588
$3,269
November 2025
$1,863
$2,198
$2,592
$3,264
October 2025
$1,929
$2,191
$2,582
$3,249
September 2025
$1,932
$2,179
$2,569
$3,232
Single-Family
Month
1 BR
2 BR
3 BR
4 BR
August 2026
$1,897
$2,123
$2,786
$3,378
July 2026
$1,886
$2,113
$2,772
$3,365
June 2026
$1,863
$2,090
$2,741
$3,331
May 2026
$1,835
$2,060
$2,703
$3,287
April 2026
$1,817
$2,043
$2,682
$3,262
March 2026
$1,812
$2,042
$2,681
$3,263
February 2026
$1,827
$2,062
$2,709
$3,303
January 2026
$1,846
$2,089
$2,745
$3,360
December 2025
$1,858
$2,106
$2,774
$3,390
November 2025
$1,860
$2,113
$2,787
$3,403
October 2025
$1,849
$2,105
$2,781
$3,392
September 2025
$1,838
$2,096
$2,771
$3,378
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